Babylon Chain - Securing proof-of-stake chains using Bitcoin's proof-of-work

2023-6-26 01:00

David Tse, a professor at Stanford University and co-founder of Babylon Chain, discusses the integration of proof-of-work Bitcoin security with proof-of-stake chains. The combination of these two opposing security models creates a more powerful protocol.

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Источник: bravenewcoin.com

proof-of-work security → Результатов: 40

The Security Budget Flaw That Proof-Of-Stake Introduces

The proof-of-work mechanism in Bitcoin provides security which Ethereum has sacrificed for short-term narrative benefits.

2022-9-29 05:01	ethereum
security ethereum sacrificed benefits narrative short-term provides

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Coin Center Chips In: Is A Proof-Of-Stake Ethereum Suddenly A Security?

Not that anyone is asking, but Coin Center inserted itself into the debate at hand. Is the Post-Merge Ethereum a security now? Moving from Proof-Of-Work to Proof-Of-Stake without pausing the operation was quite a feat, but it came with a cost.

2022-9-17 05:31	the merge
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SEC Chief Gary Gensler Hints Ethereum’s Move To Proof-of-Stake Might Transform ETH Into A Security

Ethereum’s milestone switch from the proof-of-work to proof-of-stake might have just put the cryptocurrency right back in the crosshairs of the U.S. Securities and Exchange Commission (SEC).

2022-9-16 15:43	ETHUSDT
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Miners To Experience An All-Time High Bitcoin Mining Difficulty, What’s Next?

Bitcoin, a proof-of-work (PoW) blockchain, depends on its mining process to ensure the security and stability of its network. This involves the activities of miners that utilize special mining machines and electricity to operate Bitcoin nodes.

2022-8-31 04:43	BTCUSDT
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Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 8, Part 2, Proof-Of-Work)

To understand Bitcoin, people need to understand Proof-Of-Work. It might be the most crucial aspect of the network. Proof-Of-Work provides security, resolves the issuance problem, and guarantees “a ledger of ownership and transactions that is beyond dispute.

2022-2-9 13:53	volatility
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Ripple CTO: Banning Bitcoin or branding Ethereum security could be 'disastrous' for Ripple

David Schwartz, Ripple’s chief technology officer, has stated that banning Bitcoin or proof-of-work algorithm or branding Ethereum security could be "disastrous" for Ripple. https://twitter.

2022-1-17 20:30	News
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Why China’s crackdown on mining is actually good for Bitcoin

China’s crackdown on Proof-of-Work mining last year tested the security of the Bitcoin network and showed that it was far more resilient than once thought. The post Why China’s crackdown on mining is actually good for Bitcoin appeared first on CryptoSlate.

2022-1-14 12:00	China
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VeriBlock CTO Appearing on Fox Business Network to Discuss Proof-of-Proof Blockchain Security

The VeriBlock team, developers of the VeriBlock blockchain, which uses Proof-of-Proof™ (PoP™) technology to allow any blockchain to inherit the full Proof-of-Work security of Bitcoin,...

2021-8-16 09:12	Blockchain News
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How the Decred Dex plans to disrupt the crypto exchange market

Decred is a hybrid proof-of-work/proof-of-stake store of value crypto asset for the digital age. It has strong governance, good security, privacy, and an innovative incentive alignment. If Bitcoin is about being your own bank, Decred is about being your own bank and having a say in bank policy.

2020-11-18 02:00	BNC insights
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Ethereum 2.0 Moves Closer But Hoskinson Raises Doubts Over its Security

Phase 0 of Ethereum 2. 0 took a step forward today following the submission of EIP 2982. Phase 0, also known as the “beacon chain,” refers to the transition from proof-of-work to proof-of-stake.

2020-9-17 15:10	ETHUSDT
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Vitalik Buterin Wants to Reform Ethereum Transaction Fees, Campaigns for New Fee Model

Vitalik Buterin is looking at reforming the transaction fees in Ethereum so as not to impair the network security due to rising transaction fees. In Proof-of-Work, miners rely on transaction fees when choosing what transactions to broadcast.

2020-7-23 10:30	ethusd
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Bitcoin Gold 51% attack highlights the weaknesses of proof-of-work

The 51 percent attack Bitcoin Gold experienced last week sparked an industry-wide debate about the security of the network. Many saw this as proof of BTG’s redundancy, but few focused on the problems in proof-of-work itself that enable these kinds of attacks to happen in the first place.

2020-1-27 21:06	Hacks
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Monero outreach hits back at 'arguably inappropriate' conclusions of Coinbase study

Monero Outreach, one of the main Monero workgroups, has released a statement on Coinbase's views on Proof-of-Work, which was written by Security Engineer, Mark Nesbitt. In a blog post titled, 'A RespoThe post Monero outreach hits back at 'arguably inappropriate' conclusions of Coinbase study appeared first on AMBCrypto.

2019-11-14 16:30	Altcoins
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Coinbase's case study on Monero met with community dissent

Coinbase recently released a blog post on Proof-of-Work titled 'How Coinbase views proof of work security.' However, this blog post failed to appease the Monero community, with some of its proponents The post Coinbase's case study on Monero met with community dissent appeared first on AMBCrypto.

2019-11-11 22:00	Trading View
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Bitcoin’s Upcoming Halving Exposes Long-Term Security Issues

Bitcoin’s network security largely depends on block rewards, not transaction fees. Will fees alone be enough to sustain the network as halvings continue to erode miner revenues? What does network security mean? The decentralization and immutability of a blockchain network lies in its resistance to the double-spend problem.

2019-11-10 05:34	Mining
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Kadena (KDA) Proof of Work Blockchain Mainnet Launches; Looks To Raise $20M Via A Token Sale

On November 5, blockchain startup Kadena went live. It launched its mainnet on Monday and announced its plan of raising $20 million via two token sales. Founded in 2016 by JPMorgan blockchain veterans Stuart Popejoy and Will Martino, Kadena is a proof-of-work (PoW) network designed to handle large transaction volumes while maintaining the security and integrity […]

2019-11-5 16:42	Announcements
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Decred's Privacy Flow - Building a better Bitcoin & the legend of Satoshi Nakamoto

Decred is a hybrid proof-of-work/proof-of-stake store of value asset for the digital age. It has strong governance, good security, privacy features, and an innovative incentive alignment. If Bitcoin is about being your own bank, Decred is about being your own bank and getting to have a say in bank policy.

2019-10-7 03:00	BNC insights
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Monero Interview: Shedding Light on the Coming 0.15 Upgrade and RandomX

Monero, a leading privacy coin and top twenty cryptocurrency by market cap, is due to have one of its two scheduled upgrades this month. Monero 0. 15 will bring it with it some new security and privacy features, a new proof-of-work algorithm called RandomX, and other changes.

2019-10-1 12:14	News
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Bitcoin Security Hits All-Time High

If you’re planning a double-spend attack on Bitcoin, you’d make more money investing in lottery tickets. New research indicates that the Bitcoin (BTC) network is now more secure than ever before.

2019-8-3 21:14	security
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IOTA Foundation Shares Details Of Improved Network Security And Scalability

Researchers for the IOTA Foundation have released details of their plan to combine proof-of-work algorithms with proof-of-stake algorithms to improve the IOTA network's ability to avoid congestion and tackle spam attacks.

2019-6-26 00:43	application
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IOTA Foundation showcases improved algorithm with better security and scalability

The IOTA Foundation recently presented a research paper with a novel algorithm for improving the network’s ability to combat spam attacks and congestion. The algorithm takes elements from proof-of-work algorithms, like Bitcoin’s, and proof-of-stake algorithms, like that being developed for Ethereum.

2019-6-26 22:39	Technology
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How Many Confs: Know Each Coin’s Number of Confirmations Equal to 6 Bitcoin Confirmations

What Is How Many Confs? HowManyConfs. com is an online platform that compares the security of different Proof-of-Work blockchains to that of Bitcoin and the amount of time that is required to complete work on different blockchains.

2019-5-4 12:26	Reviews
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Ethereum [ETH] ProgPow: Audit’s primary focus will be on network security

Programmatic Proof-of-Work [ProgPow] has been one of the most talked about updates in the Ethereum community, with the recent news surrounding it being its audit funding. This upgrade was one of the topics discussed, during the eleventh Ethereum Cat Herders meeting.

2019-5-3 18:30
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Veriblock (VBK) Guide and Review – Piggybacking on Bitcoin’s Computing Power

VeriBlock serves as the world’s first blockchain which allows every blockchain in the world to inherit the full Proof-of-Work security of Bitcoin in a completely decentralized, trustless, transparent, and permissionless (or “DTTP”) manner.

2019-4-3 20:23	Crypto Journal
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VeriBlock’s Bitcoin-Backed Security Protocol Goes Live

After a year on its testnet, the VeriBlock blockchain went live yesterday on the Bitcoin mainnet, allowing exchanges, wallet providers, merchants and other crypto businesses to leverage Bitcoin’s robust blockchain security.

2019-3-27 19:35	Privacy & security
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Cardano’s 1.5 Mainnet Release Successful, Progress Towards New Proof-of-Stake Protocol

Cardano has successfully deployed its 1. 5 mainnet, bringing the protocol a step closer to proof-of-stake consensus that “matches the security guarantees of proof-of-work protocols such as Bitcoin.

2019-3-21 13:50	Technology
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Bitcoin beyond 2020: Can proof-of-work sustain life after block rewards?

A Bank of International Settlements report concludes that bitcoin's liquidity is "set to fall dramatically" due to decreasing mining rewards and low retail use if it doesn't migrate to another consensus model such as proof-of-stake.

2019-1-30 15:00	BNC insights
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TRD COIN ICO

INTRODUCTION We want to build an exchange website known as Bittrader where many coins will be listed and the main pair will be the TRD Coin. Similar to Binance, some of the notable features of Bittrader include strong security, privacy, and untraceable features.

2018-12-11 09:03
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Hoskinson: Satoshi Did “An Amazing Thing”...But There Are Lessons to Learn

Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin.

2018-11-20 23:08	Adoption & community
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Horizen updates Bitcoin consensus algorithm to enhance security against 51% attacks

CryptoNinjas Horizen (formerly ZenCash), the privacy-oriented blockchain technology platform, has released a security adjustment to Bitcoin’s Satoshi Consensus algorithm. The adjustment, thoroughly tested by Horizen and its community, is designed to enhance protection of Proof-of-Work blockchains against 51%.

2018-10-11 19:51
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Op Ed: Exploring the SEC’s New “Sufficiently Decentralized” Test

The regulators have awoken. SEC Director William Hinman introduced novel concepts to the securities law analysis such that sellers of digital assets may have an escape valve.

2018-8-10 22:24	Op-ed
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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.

2018-7-14 01:04	Technical
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Op-Ed: Bitcoin’s Roots in the Great Law of Peace

Bitcoin, in its nine years of existence, has steadily gained traction, defining itself as a new digital gold. Early adopters of this technology have shown excitement for the potential of this inflation-proof sound money.

2018-7-14 00:48	Adoption & community
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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

2018-7-13 17:16	Bitcoin
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GameCredits Price Analysis — A whole new ball game

GameCredits is a utility token developed specifically for the online gaming ecosystem. It has evolved security compared to other proof-of-work networks, with its blocks being notarized by miners on the Komodo network.

2018-6-20 08:47
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Vote Threshold Is Met: EOS Can Finally Launch Its Platform

According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live. After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network.

2018-6-15 03:10	Digital assets
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Op Ed: Scaling Capital Market Adoption of Blockchain Technology With SHA-3

The shift has already started; finance is moving onto the blockchain, leveraging the decentralization and disintermediation benefits of the technology’s architecture.

2018-6-14 23:52	Op-ed
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Pharma DAO - Reinventing Healthcare

Gennaro D'Urso is the founder of Pharma Collective and Israel Mersky is the Director at Pharma Collective. Gennaro has a background in science and entrepreneurship, while Israel comes from the advertising industry and has experience in the pharmaceutical psychedelic space.

Seda - The Foundation for Data in Web3

Jasper De Gooyer is the co-founder and CTO at SEDA, a multichain, permissionless protocol connecting real-world data to any network on-chain.

SKALE (SKL) Begins Trading on Bitget: Fast Blockchain Drawing Attention in GameFi

Bitget, top global cryptocurrency exchange and Web3 company, is responding to trader demand and is to list SKALE (SKL). The SKALE Network is designed to enhance the scalability and efficiency of Ethereum-compatible applications.

VALR Launches Perpetual Futures with the World’s First Bitcoin Perpetual Paired Against the South African Rand

VALR, Africa's largest cryptocurrency exchange by trading volume, has launched perpetual futures trading, featuring the world's first Bitcoin and USDT perpetual futures paired against the South African Rand.

Richard Teng New CEO at Binance

Controversial crypto exchange Binance has appointed Richard Teng as its new CEO. The appointment follows the resignation of former CEO Changpeng “CZ” Zhao who pleaded guilty to charges levied against him by the U.S. Department of Justice.

Binance Founder CZ to Step Down as U.S. DOJ Secures $4.3 Billion Settlement

Binance founder Changpeng “CZ” Zhao will reportedly step down as CEO of the world's largest cryptocurrency exchange as part of a $4.3 billion settlement with the United States Department of Justice (DOJ).

Beyond Bitcoin - Unlocking the Potential of Diverse Crypto Products

Since its 2009 inception, Bitcoin has heralded a shift from traditional to decentralized finance (DeFi), signaling the future of financial markets. Today, the crypto landscape extends beyond Bitcoin, with multiple projects contributing to a dynamic ecosystem of financial innovation.

2023-6-26 01:00

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